$525,000
SOLD MAR 21, 2025

916 Elder Rd Homewood, IL 60430

7 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Recently Sold

15% Below List Price

63 Days on Market

About This Home

As of March 2025

Welcome to this beautifully renovated 4-unit brick building, perfectly situated in a quiet and serene community within the highly sought-after Homewood-Flossmoor High School district. Blending modern amenities with timeless charm, this property features brand-new piping throughout and a laundry room equipped with a newer washer and dryer for added convenience. Located near the Lions Club pool and a sports center, it's ideal for active families seeking a top-tier location and lifestyle. Each unit offers separate electricity and gas meters, making this a worry-free and versatile investment opportunity!

Last Agent to Sell the Property

Olga Kaminska

Core Realty & Investments Inc. License #475170254 Listed on: 12/13/2024

Core Realty & Investments Inc.

Co-Listed By

Volodymyr Yakubiv

Core Realty & Investments, Inc License #475213069

Last Buyer's Agent

John Mendez

Realty One Group Heartland License #475176956

Realty One Group Heartland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,694

Year Built

  • Built in 1963 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 75x180

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Schools

  • Homewood-Flossmoor High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,694

Year Built

Built in 1963 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 619900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • High School: Homewood-Flossmoor High School
  • Middle/Junior School District: 153

Lot Info

  • Lot Dimensions: 75X180
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 15694
  • Tax Year: 2022

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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    Great investment opportunity. 3 flat with unit 2 and 3 having 3 bedroom each and unit 1 having 2 bedrooms. All 3 units have a Master bedroom with private bath. First floor has a patio. 2nd and 3rd floor have balconies. There is a 2 car detached garage which first floor currently using and 2 additional parking spaces. Utility room located on first level with wash/dryer. Property is close to all

    Judy Cox Results Realty ERA Powered

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $525,000 -15.3% --
02/17/2025 02/17/25 For Sale $619,900 0.0% --
02/14/2025 02/14/25 Pending -- -- --
01/13/2025 01/13/25 Pending -- -- --
12/13/2024 12/13/24 For Sale $619,900 +26.5% --
07/31/2024 07/31/24 Sold $490,000 0.0% --
06/06/2024 06/06/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $490,000 0.0% --
10/19/2020 10/19/20 Rented $1,200 0.0% --
09/04/2020 09/04/20 For Rent $1,200 0.0% --
08/27/2020 08/27/20 Under Contract -- -- --
06/22/2020 06/22/20 For Rent $1,200 0.0% --
02/12/2019 02/12/19 Sold $330,000 -2.9% --
11/14/2018 11/14/18 Pending -- -- --
11/13/2018 11/13/18 For Sale $340,000 +3.0% --
11/12/2018 11/12/18 Off Market $330,000 -- --
11/01/2018 11/01/18 For Sale $340,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12256214

Midwest Real Estate Data (MRED)